
Lambda Finance
@lambdafinance
Unleashing Bitcoin liquidity for Defi with btcUSD - a permissionless & efficient BTC-backed stablecoin on @HyperliquidX
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ID: 1698648857553600512
https://lambda.finance/ 04-09-2023 10:47:12
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6,6K Followers
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🐱 Hyperliquid will house all of finance. 🏦 The home of DeFi. 🔐 Lambda is the key. 🔓 We’re unlocking Bitcoin liquidity with $btcUSD — a BTC-backed stablecoin on Hyperliquid




Hyperliquid just took a major step toward decentralization — expanding to 21 permissionless validators. For Lambda, this is why we're building on Hyperliquid — fast execution, deep liquidity, and a decentralized foundation for BTC-backed DeFi. 🔥



BlackRock just added 10,360 BTC ($970M) — its 2nd largest buy ever, bringing holdings to $54.5B (≈3% of all BTC). ETF inflows. Supply drain. $BTC at $94K. Lambda is building for this moment: → $btcUSD = BTC-backed stablecoin → DeFi-native liquidity → Built on Hyperliquid



1/ Hyperliquid is an emerging Layer 1. Let’s take a look at the metrics from its EVM ecosystem and native exchange.


6 of the top fee-generating chains are also top 10 by market cap. The only outlier? Hyperliquid. Hyperliquid is the outlier, and $HYPE won’t stay outside the top 10 for long. Lambda chose Hyperliquid for a reason — real usage, real growth.





Happy 2nd anniversary to $crvUSD — a stablecoin that redefined resilience. 🛡️ Powered by a novel Soft Liquidation + LLAMMA peg-keeping model, $crvUSD has weathered market volatility from depegs to price shocks — without mass liquidations. At Lambda Finance, we’re proud to build

